506-1 WORK-STUDY PROGRAM I (CFDA No. 84.033) •£ t I. PROGRAM PROFILE * Legislation: Higher Education Act of 1965, Title IV, Part C, Public Law | 89-329 as amended (42 U.S.C. 2751-2756b) (Expires September 30, 1985) :; Funding Since 1980: !| 1T~~ •• r~~ ........"~ "~....." " '..... ,o Fiscal Year Authorization Appropriation 1980 $630,000,000 $550,000,000 1981 670,000,000 550,000,000 1982 720,000,000 528,000,000 1983 760,000,000 590,000,000 1984 555,000,000 555,000,000 \ U Purpose: To stimulate and promote part-time employment for postsecondary | students who need the earnings to help meet the cost of their education* ;; Federal grants to institutions are used to subsidize up to 80 percent of | a student's part-time wages. The remainder is provided by the employer, I which may be the institution itself if it is a public, non profit insti- t tution. | i Authorization for Work-Study programs also provides for Job Location I and Development projects intended to foster the location and development j of part-time employment. Up to 10 percent of the Work Study grant, not * to exceed $25,000, may be used to support these projects. t Eligibility: Any public or non profit institution or organization may participate as employers. Funds are first allotted among the States ; according to statutory formula and then to institutions under both \ statutory requirements and program regulations. Undergraduate, graduate, or professional students (enrolled or accepted for enrollment as regular students) who are maintaining satisfactory progress in accordance with the standards and practices of the institu- tion are eligible to participate in the programs. They must demonstrate financial need as determined by the institution using an approved need analysis system; then cannot owe a refund on a Title IV grant, must not be in default on a Title IV loan, and must meet citizen/resident require- ments. The size of the award depends on the rate of pay and number of hours worked. The minimum wage law applies.